Question

Mohit sold a T.V. for 3,600; gaining one-sixth of its selling price. Find : (i) the gain. (ii) the cost price of the T.V. (iii) the gain percent.

Answer 1

S.P. of T.V. = Rs. 3,600
Gain = $\frac{1}{6}of\left(3600\right)=\frac{1}{6}\times 3600$ = Rs. 600
(i) Thus gain = Rs. 600
(ii) Cost price = 3600 - 600 = Rs. 3000
(iii) Gain% = $\frac{600}{3000}\times 100=\frac{60}{3}=20$%